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Ripple RLUSD Stablecoin Goes Live on Singapore’s Major Exchange

  • Ripple's RLUSD stablecoin has launched on Independent Reserve in Singapore, offering SGD and USD trading pairs.
  • The partnership between Ripple and Independent Reserve aims to enhance RLUSD liquidity and cross-border payment solutions.
  • XRP, Ripple's native token, saw a 2% increase to $2.23, indicating a strong market for RLUSD.
  • RLUSD is compatible with XRP Ledger and Ethereum, enabling fast transactions and integration with decentralized finance.

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